- Bitcoin has misplaced its sheen as ‘digital gold’ as cryptocurrency markets transfer in tandem with different property amid unsure financial circumstances.
- The continuing debates on regulation, the battle between Russia and Ukraine, and rising costs are solely a few of the components affecting token costs in 2022.
- Enterprise Insider’s month-to-month caricature, ‘Bitter Coin’ takes a comical tackle a few of the questions creating concern, uncertainty and doubt (FUD) within the cryptocurrency markets proper now.
The cryptocurrency market has been on the intersection of concern, uncertainty and doubt for the reason that begin of the yr. Geopolitical unrest between Russia and the Ukraine, rising costs and the anticipated fee hike by the US Federal Reserve has cryptocurrency costs always on the transfer.
Bitcoin’s worth has crashed, recovered and crashed once more a number of occasions to date this yr. In the meantime, buyers are questioning if there’s which nook of the crypto market will finest climate the storm.
Right here’s the seventh story in a sequence that we, at Enterprise Insider, wish to name ‘Bitter Coin’ – The Crypto Oracle